Canadian Pacific Sees Q1 EPS C$0.80-0.83 vs C$0.66 Est

Canadian Pacific Railway Limited CP today announced that the Company expects to report first-quarter 2012 diluted earnings per share in the range of 80 to 83 cents. This exceeds our 2011 diluted EPS by approximately 300 per cent. CP delivered record operating performance metrics, with improvements over the prior year period and the average of the previous three years' first quarters, and the Company continues its strong operating performance into April 2012.